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Wednesday, 11 March 2015

My Life and Portfolio Updates at the Start of 2015

It has been one of the busiest starts of the
year, for a long time I can remember. Trust it will continue to be like that
for the rest of the year.

A new member of the house is born few months
ago. Joyful….while busy taming cries, changing diapers and making milk. Somehow
the innocent smiles remind you that it’s all worth it.

Since the first week of the year, I also had a
new employer. Not that I change job, but an acquisition took place. It is back
to MNC again for me. With this change, I need to relocate my office to be with
my new colleagues. So far it is a positive change for me, in terms of work
scope, colleagues, and office environment. The only negative as it seems now, is
less time.

Very often it is either things do not happen, or
they take place all at once. Aside from the massive work backlog, business
travels ramped up in past months.

After a near-death incident several years ago,
my priority in life is always to stay healthy. My diet is very
nutrition-driven, missing meals are rare, exercising regularly is a compulsory
routine. But no matter how careful I am, the hectic lifestyle lately steal my
health. The first few days of CNY were not exactly on cloud nine as I visited
the Hospital. Luckily for me, it was merely some allergic to sinus medicines.

I have since recovered and participated in
fruitful relatives gathering after the 1st two days of CNY. After
CNY it was yet another week-long of business travel. That explains why I had
been quiet in my blog.

My Portfolio – Updates of Buy & Sell

Due to the busy schedules, it has been a quiet
start of the year for my stock activities. Maybe that is not a bad thing as I
am accumulating more cash in the bank. No war chest, since I am not preparing
to fight a war with the cash…haha..

Another reason is possibly last year, I wrote
an article (refer here) reminding myself not to buy a stock prior to earnings season. Anyway, below
are updates of my buy and sell actions since the start of the year.

China Merchants Pacific at S$0.985. I increase my
holdings for continuing optimism on the long term prospect of Chinese economy.
For reasons, refer to my blog last year, here.

Swissco at S$0.52. I averaged down. My buy call
was backed by service rigs and liftboats resilient in shallow waters over the
long term. Unfortunately it continues to plunge. This one probable needs to
suffer some pain in the next 1-2 years.

Sembcorp at S$4.17. Also averaged down. A
long-term stock for me and like the utilities segment. Overall the gloomy
outlook of oil and gas will depress margin of Semb Marine in the short run.
Continue average down if prices slide again?

ARA at 1.66. Anticipated interest rate increase,
and new MAS REIT regulations (refer here) to reduce manager’s fees is depressing ARA’s price. However ARA is
still a wonderful business with a very strong man and backing behind – John Lim
who is also backed by Straits Trading Company, one of the richest and oldest
companies in Singapore. Refer to my blog here on John Lim.

SELL

Suntec at 1.97 – Took major profits after a bull
run of this stock. It is also to re-balance my portfolio and decrease my
holdings on Suntec, which was previously, one of my biggest holdings.

Vallianz at 0.061 – Sold off….keep some cash...Oil and Gas market
is gloomy after the oil price plunge. I decided to divest at a loss and
possibly come back again if pricing continues to tumble. Pain had already been
felt within the industry down the supply chain. Is this just the beginning of
the slide? Or time to rebound since oil prices are beginning to creep upwards?

I am currently holding 25 stocks. Due to the lack of time anticipated this year to monitor, I will slowly reduce this number if the right situation permits, going forward.

Thanks for dropping by. Yes, now back to a co with many thousands with billions in rev. Now, not only us integrating into the parent, the whole parent organisation is re-organizing worldwide.

It is not my first time working for a company and being acquired. It is a double-edged knife. It will possess opportunities if you are lucky and positive, on the other hand, it can mean changes and instability.

Good news is my new company wanted to invest more in Asia since they were primarily base in Europe. Bad news for me, is I already been tasked more responsibilities.

To compensate that, I looked at the little ones smile, and that always brightens your day (if they do not cry!)

Congrats on your new baby :). Flying too much actually takes a toll on one's health esp. skin and nose allergy. You may want to consider wearing a mask when you fly and pop some multi-vitamins as well. It helps. Take care.

Thanks for dropping by and well wishes. Yes, I just back from a weeklong trip and flying again tomorrow morning. Terrible.

Your advice on mask and multi-vitamins is well-noted. The mask will be so helpful for my Sinus!

By the way, I read your blog. Your investment growth are incredible. I really admired it but I am sure you did have your fair share of problems in the process of growing. It is not easy and you did it splendidly. :-)

Good to hear an update from you again. Congrats on your new kid! Must take care of your health ok, going to hospital must have been worrying. Each of us has 24 hrs a day, so when we say we have no time for something, it simply means we don't prioritise it enough.

Well done to the new buys. Congratulation to the new member. I can feel you when you are busy flying around. To us, it is a tiring things to always flying around runnning from one city to the next. To others, it looks so glamourous to be taking planes like taking buses.

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Disclaimer

This blog and its contents contain the opinions and views of me. It is not a recommendation to purchase or sell the stocks of any of the companies or investments herein discussed. If a reader requires expert financial advice, a competent professional should be consulted. I cannot guarantee the accuracy of the information contained herein the blog and its contents. Other than being the shareholders of some of the stocks discussed herein at the time of writing, I am not in any way related to the company mentioned within the blog. I specifically disclaim any responsibility for any liability, loss, or risk, professional or otherwise, which is incurred as a consequence, directly or indirectly, of the use and application of any contents of this blog.